HOW MANY INNOCENT PEOPLE WILL BE MURDERED BY BLACKS TODAY?..........THE LOOTING ACROSS AMERICA is as black as the staggering murder and crime rates of BLACKS ACROSS AMERICA. Black Lives Matter? NO LIFE MATTERS TO BLACKS!

REALITY IS THAT OBAMA IS MERELY
BUSH’S THIRD and FOURTH TERM. WHILE HE’S BUSTED HIS ASS FOR CRIMINAL BANKSTERS
and HIS LA RAZA PARTY BASE OF ILLEGALS, WHAT HAS HE DONE FOR AMERICAN OTHER
THAN SEND US THE TAX BILLS FOR WALL STREET’S LOOTING and THE LA RAZA WELFARE
STATE THE DEMS AND JOHN McCAIN ARE CREATING IN OUR BORDERS????

THE ENTIRE CONSPIRACY TO KEEP OUR
BORDERS OPEN AND UNDEFENDED AS WELL AS THE ENDLESS AMNESTY SCAMS AND CONTINUED
NON-ENFORCEMENT OF OUR LAWS PROHIBITING THE EMPLOYMENT OF ILLEGALS…. IS ALL
ABOUT KEEPING WAGES DEPRESSED FOR AMERICA’S LOOTERS!

This
report is another example of the obscene concentration of wealth in America
that has raised inequality to a level not seen in more than a century. Wages
for workers in the United States are at their lowest level since the 1950s.

IN LA RAZA-CONTROLLED MEXIFORNIA
THERE IS A PUSH TO HAND ILLEGALS UNEMPLOYMENT INSURANCE. THIS STATE ALREADY
PAYS OUT $22 BILLION PER YEAR IN SOCIAL SERVICES TO ILLEGALS WITH COUNTIES
PAYING OUT EVEN MORE ON TOP OF THAT NUMBER!

IN CA THE LA RAZA PARTY PASSED A
LAW MAKING IT ILLEGAL FOR EMPLOYERS TO USE E-VERIFY. LA RAZA JERRY BROWN
QUICKLY SIGNED IT.

*

OBAMA’S BANKSTER PARASITE CLASS IS DOING WELL! DESPITE THE
DEVASTATION THIS VERY CLASS HAS PERPETRATED ON AMEICANS!

An
immense and unbridgeable chasm exists between the conditions of life for masses
of people—suffering from the greatest economic and social crisis since the
1930s—and a ruling class whose wealth is almost entirely divorced from
productive activity in the real economy.

wsws.orgblished by the International Committee
of the Fourth International (ICFI)

The financial aristocracy and the growth of working class struggle

4 March 2013

Last year, nine
executives at four major private equity companies received a combined total of
$1 billion in pay and dividends in what was likely the largest payout in the
companies’ histories.

This extraordinary fact was reported in an article in the weekend
edition of the Wall StreetJournal. The article noted that
dividend payouts alone amounted to more than $100 million each for Stephen
Schwarzman, CEO of Blackstone Group LP; Henry Kravis and George Roberts, the
co-founders of KKR; and Leon Black of Apollo Global Management LLC. All of
these men were already billionaires, with Schwarzman worth $5.2 billion,
followed by Kravis at $4 billion, Roberts at $3.7 billion, and Black at $3.5
billion.

The
average payout for each of the nine executives was about 2,000 times the
median household income in the United States.

This report is another
example of the obscene concentration of wealth in America that has raised
inequality to a level not seen in more than a century. Wages for workers in the
United States are at their lowest level since the 1950s.

Meanwhile,
massive cuts are being implemented at every level of government, justified by
the claim that “there is no money” for health care, education or other basic
social needs.

The same day that the Journal reported the income of the
Wall Street private equity executives, the federal government began the
implementation of $1.2 trillion in “sequester” budget cuts, and Michigan
Governor Rick Snyder announced that he would appoint an emergency financial
manager with dictatorial powers to impose cuts in Detroit.

The Obama administration has indicated that the brutal cuts under
the “sequester” will not be reversed. The across-the-board cuts in social
spending are the outcome of calculated maneuvers by the Democrats and
Republicans to impose extremely unpopular measures that both parties support. Among the many consequences, those
receiving long-term unemployment benefits will see their weekly income fall 11
percent to $260. The weekly take of each of the Wall Street executives cited by
the Journal was more than 7,000 times this amount.

These figures point to the overwhelmingly dominant factor of
American life: social inequality. Repeated surveys have shown that the great
mass of the people significantly underestimate the scale of the wealth
concentrated in the hands of the financial elite. It is little talked about in
the media, and for most people the sums of wealth controlled by this layer are
simply incomprehensible.

An immense and
unbridgeable chasm exists between the conditions of life for masses of
people—suffering from the greatest economic and social crisis since the
1930s—and a ruling class whose wealth is almost entirely divorced from
productive activity in the real economy.

In terms of the political response, the contrast to the 1930s is
instructive. In introducing the Revenue Act of 1935, which increased tax rates
on high incomes and estates, President Franklin D. Roosevelt stated, “Great
accumulations of wealth cannot be justified on the basis of personal and family
security.”

Such a conception—advanced by Roosevelt as part of the effort to
save capitalism from the threat of social revolution—belongs to another age. It
is completely outside of the boundaries of contemporary bourgeois politics. Now
the watchword is for ever greater attacks to make the working class pay for the
crisis of the capitalist system.

The American ruling class bears all the hallmarks of an
aristocracy, with all that implies for social and political stability. When the
existence of the ruling class and the economic system upon which it is based
become inimical to any progressive development—when instead they become the
driving force for an immense historical retrogression—society is on the verge
of revolution. This was true in France before 1789 and Russia before 1917, and
it is true in the United States today.

For 30 years, the American ruling class has built up its wealth
through a process of financialization, in which the productive forces of the
economy were steadily undermined. This process led to the Wall Street collapse
of 2008, which has become the occasion for an even more frenzied orgy of
speculation.

Definite policies have been pursued, first under Bush and then
vastly expanded under Obama, to ensure that this process continues. The financial elite is addicted to an
unending stream of virtually free money pumped into the markets by the US
Federal Reserve. After a quick fix of bailouts in the wake of the 2008
crash, the American central bank is mainlining a steady supply of dollars by
means of asset purchases on the order of $85 billion a month.

This is what is behind the massive rise in stock prices upon which
the wealth of the private equity executives is based, and it is the reason why
the Dow Jones Industrial Average is within a few percentage points of setting a
new record, even as economic growth stalls and begins to go in reverse.

The malignant character of social relations
infects every political institution. The entire organism stinks of corruption.
Both political parties, the Democrats and Republicans, function as direct
instruments for the enrichment of the ruling class.

Nothing can be changed through this political system. Social
struggle is required. The working class must fight back, countering the
dictates of the ruling elite through collective action. Social conflict is,
indeed, inevitable. It has already begun to emerge in explosive forms in
countries around the world, and the first signs of the coming eruption can be
seen in the United States itself.

Andre Damon and Joseph Kishore

*

WHY THE JOBS GO TO ILLEGALS:

“At
the hearing, Dr. Rakesh Kochar, Associate Director for Research at the Pew
Hispanic Center, testified that in the year following the official end of the
recession (June 2009), foreign-born workers gained 656,000 jobs while
native-born workers lost an additional 1.2 million jobs.”

"We
have a situation where the job market — the bottom fell out, yet we kept legal
immigration relatively high without even a national debate," he said.
"As a consequence, a lot of the job growth has been going to
immigrants."

Mr. Obama
did take action this year to grant many illegal immigrants up to 30 years of
age a tentative legal status that prevents them from being deported and
authorizes them to work in the United States.

Some
Republicans in Congress have criticized Mr. Obama's policy, saying it violates
his powers and will mean more competition for scarce jobs.

*

“The inspections have determined
that hundreds of companies throughout the U.S. have significant numbers of illegal
immigrants on their payroll
yet none have been punished, according to a Houston newspaper that obtained
internal ICE records through the Freedom of Information Act. At least 430 audit
cases listed as “closed” by the agency had high percentages of workers with
“questionable” documents yet they faced no consequences.”

THE
ENTIRE REASON THE BORDERS ARE LEFT OPEN IS TO CUT WAGES!

“We
could cut unemployment in half simply by reclaiming the jobs taken by illegal
workers,” said Representative Lamar Smith of Texas, co-chairman of the Reclaim
American Jobs Caucus. “President Obama is on the wrong side of the American
people on immigration. The president should support policies that help citizens
and legal immigrants find the jobs they need and deserve rather than fail to
enforce immigration laws.”

*

“The
principal beneficiaries of our current immigration policy are affluent
Americans who hire immigrants at substandard wages for low-end work. Harvard
economist George Borjas estimates that American workers lose $190 billion
annually in depressed wages caused by the constant flooding of the labor market
at the low-wage end.” Christian Science Monitor

CHRISTIAN SCIENCE MONITOR

Why the new
jobs go to immigrants

By David R. Francis

Wall Street
cheered and stock prices rose when the US Labor Department announced last
Friday that employers had expanded their payrolls by 262,000 positions in
February. But it
wasn't entirely good news. The statisticians also indicated that the share of
the adult population holding jobs had slipped slightly from January to 62.3
percent. That's now two full percentage points below the level in the brief
recession that began in March 2001

ILLEGALS NOW CONTROL THE CA STATE LEGISLATURE WHERE
ALL AGENDAS ARE FOR LA RAZA SUPREMACY!

NOW ILLEGALS WILL BE GETTING UNEMPLOYMENT FOR THE JOBS
THEYSTOLE FROM LEGALS!

“Records show that four out
of Obama's top five contributors are employees of financial industry giants -
Goldman Sachs ($571,330), UBS AG ($364,806), JPMorgan Chase ($362,207) and
Citigroup ($358,054).”

BOOK:

Obamanomics:
How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends,
Corporate Lobbyists, and Union Bosses

BY TIMOTHY P
CARNEY

Editorial Reviews

Obama Is Making
You Poorer—But Who’s Getting Rich?

Goldman Sachs, GE, Pfizer,
the United Auto Workers—the same “special interests” Barack Obama was supposed
to chase from the temple—are profiting handsomely from Obama’s Big Government
policies that crush taxpayers, small businesses, and consumers. In Obamanomics,
investigative reporter Timothy P. Carney digs up the dirt the mainstream media
ignores and the White House wishes you wouldn’t see. Rather than Hope and
Change, Obama is delivering corporate socialism to America, all while claiming
he’s battling corporate America. It’s corporate welfare and regulatory
robbery—it’s Obamanomics.

Congressman Ron Paul says,
“Every libertarian and free-market conservative needs to read Obamanomics.”
And Johan Goldberg, columnist and bestselling author says, “Obamanomics
is conservative muckraking at its best and an indispensable field guide to the
Obama years.”

If you’ve wondered what’s
happening to America, as the federal government swallows up the financial
sector, the auto industry, and healthcare, and enacts deficit exploding
“stimulus packages,” this book makes it all clear—it’s a big scam. Ultimately,
Obamanomics boils down to this: every time government gets bigger, somebody’s
getting rich, and those somebodies are friends of Barack. This book names the
names—and it will make your blood boil.

*

Obama Is Making You Poorer—But Who’s Getting Rich?

Goldman Sachs, GE, Pfizer,
the United Auto Workers—the same “special interests” Barack Obama was supposed
to chase from the temple—are profiting handsomely from Obama’s Big Government
policies that crush taxpayers, small businesses, and consumers.

Investigative reporter
Timothy P. Carney digs up the dirt the mainstream media ignores and the White
House wishes you wouldn’t see. Rather than Hope and Change, Obama is delivering
corporate socialism to America, all while claiming he’s battling corporate
America. It’s corporate welfare and regulatory robbery—it’s Obamanomics. In
this explosive book, Carney reveals:

*
The Great Health Care Scam—Obama’s backroom deals with drug companies spell
corporate profits and more government control – YES,
OBAMA DID LIE ILLEGALS WERE NOT INCLUDED IN OBAMCARE. HE AND PELOSI RIGGED IT
SO IT WOULD.* The Global Warming Hoax—Obama has bought off industries with a
pork-filled bill that will drain your wallet for Al Gore’s agenda
* Obama and Wall Street—“Change” means more bailouts and a heavy Goldman Sachs
presence in the West Wing (including Rahm Emanuel)
* Stimulating K Street—The largest spending bill in history gave pork to the
well-connected and created a feeding frenzy for lobbyists
* How the GOP needs to change its tune—drastically—to battle Obamanomics

If you’ve wondered what’s
happening to our country, as the federal government swallows up the financial
sector, the auto industry, and healthcare, and enacts deficit exploding
“stimulus packages” that create make-work government jobs, this book makes it
all clear—it’s a big scam. Ultimately, Obamanomics boils down to this: every
time government gets bigger, somebody’s getting rich, and those somebodies are
friends of Barack. This book names the names—and it will make your blood boil.